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HOT HOT PENNY
Posted On: 07/19/2012 7:14:53 PM
Post# of 27063
Posted By: Norseskier

MDMN up 71% today. Posted on Amarant Mining's website today. Wait until the PR's hit the newswires.


Amarant Mining Limited (“Amarant”) has acquired an 85% interest in the Altos de Lipangue (“Lipangue”) project from Medinah Minerals S.A.. Lipangue is located at the plateau of the Durazno River, 30 kilometers north of Santiago, Chile. The area has been subject to historical mining since the time of the Incas and Spanish explorers and has exploration potential for rich placer gold. The estimated resources in place are: gold (722,000 ounces); silver (6,500,000 ounces); and copper (180,000,000 pounds). In addition, the property contains iron ore and molybdenum.


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